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Asia Pacific Aircraft Jet fuel  Market Research Report 2024-2030

Asia Pacific Aircraft Jet fuel Market Research Report 2024-2030

  • Published on : 24 October 2024
  • Pages :205
  • Report Code:SMR-8015657

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Report overview

The Asia Pacific Aircraft Jet Fuel market size was valued at US$ 62.37 billion in 2024 and is projected to reach US$ 89.15 billion by 2030, at a CAGR of 6.1% during the forecast period 2024-2030.
Aircraft jet fuel is a specialized petroleum-based fuel used to power jet engines, designed to meet strict quality and performance standards for aviation safety and efficiency.
The Asia Pacific aircraft jet fuel market is experiencing strong growth, driven by expanding air travel and increasing air freight activities. China accounts for 35% of the market, followed by Japan at 20% and India at 15%. In 2023, commercial aviation consumed 80% of total production, with military aviation at 15% and general aviation at 5%. The market saw an 8% increase in demand for sustainable aviation fuel (SAF) due to growing environmental concerns. Key players include Sinopec Group (China) and Indian Oil Corporation Ltd. (India), collectively holding a 40% market share in the region. The industry is investing heavily in SAF production, with a 25% increase in biojet fuel capacity in 2023. Challenges include price volatility and the need for significant infrastructure investments, leading to a 10% focus on hedging strategies and long-term supply agreements. The trend towards fuel-efficient aircraft has somewhat offset the growth in fuel demand, with newer models achieving 15-20% better fuel efficiency. The market is benefiting from the expansion of low-cost carriers in Southeast Asia, driving a 12% increase in regional jet fuel consumption.

Report Includes

This report is an essential reference for who looks for detailed information on Asia Pacific Aircraft Jet fuel . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Aircraft Jet fuel , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Asia Pacific Aircraft Jet fuel , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aircraft Jet fuel . This report contains market size and forecasts of Aircraft Jet fuel in Asia Pacific, including the following market information:
We surveyed the Aircraft Jet fuel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    China
•    India
•    Japan
•    South Korea
•    Australia
•    Thailand
•    Indonesia

by Products type:

•    Jet A
•    Jet A-1

by Application:

•    Civil
•    Military

key players include: (At least 8-10 companies included)

•    China National Petroleum Corporation
•    Reliance Industries Limited
•    Indian Oil Corporation
•    Sinopec Group
•    PetroChina Company Limited
•    Bharat Petroleum Corporation Limited
•    Petronas
•    Hindustan Petroleum Corporation Ltd
•    SK Innovation
•    Idemitsu Kosan Co.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Aircraft Jet fuel revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
•    Key companies Aircraft Jet fuel revenues share in Asia Pacific market, 2023 (%)
•    Key companies Aircraft Jet fuel sales in Asia Pacific market, 2019-2024 (Estimated),
•    Key companies Aircraft Jet fuel sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:
•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
•    The report covers Asia Pacific and country-wise market of Aircraft Jet fuel
•    It describes present situation, historical background and future forecast
•    Comprehensive data showing Aircraft Jet fuel capacities, production, consumption, trade statistics, and prices in the recent years are provided
•    The report indicates a wealth of information on Aircraft Jet fuel manufacturers
•    Aircraft Jet fuel forecast for next five years, including market volumes and prices is also provided
•    Raw Material Supply and Downstream Consumer Information is also included
•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:
•    Analyzing the outlook of the market with the recent trends and SWOT analysis
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
•    Distribution Channel sales Analysis by Value
•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
•    1-year analyst support, along with the data support in excel format.